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TwitterIn 2023, agriculture contributed around 2.57 percent to the GDP of Australia, 27.65 percent came from industry, and 63.57 percent from the services sector. The same year, the Australian inflation rate, another important key indicator for its economic situation, amounted to 2.82 percent. Why is the inflation rate important?Inflation is the steady increase in price levels for consumer goods and services during a certain timespan. The European Central Bank considers a steady inflation rate of two percent a year beneficial for a stable economy – otherwise a country risks economic hardship. In the worst case, a country can experience either hyperinflation (like Venezuela), which is the rapid increase of prices to a point of economic collapse, or deflation, which is the decrease of prices and devaluation of money that can also lead to economic collapse. Up and down under Australia’s inflation has been clawing itself out of a slump in 2016, when it unceremoniously dropped to 1.25 percent due to falling petrol costs and oil prices. The following year, it recovered instantaneously and soared back to just under two percent, and forecasts see it reaching 2.52 percent by 2021. Australians don’t seem too worried about this outlier, and rightly so, since Australia’s economy is still one of the biggest in the Asia-Pacific region and worldwide.
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TwitterAs of May 2022, approximately ** percent of people employed in the Australian workforce were working in the health care and social assistance industry. Other leading industries for employment were professional, scientific, and technical services, as well as retail trade.
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The Gross Domestic Product (GDP) in Australia was worth 1752.19 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Australia represents 1.65 percent of the world economy. This dataset provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Australia (LFEAINTTAUA647N) from 1985 to 2024 about Australia, construction, employment, and industry.
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Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia (LFEAICTTAUQ647S) from Q1 1964 to Q3 2025 about Australia, construction, employment, and industry.
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Australia Employment: Females: Manufacturing: Primary Metal & Metal Product data was reported at 11.036 Person th in Feb 2025. This records an increase from the previous number of 8.115 Person th for Nov 2024. Australia Employment: Females: Manufacturing: Primary Metal & Metal Product data is updated quarterly, averaging 7.289 Person th from Nov 1984 (Median) to Feb 2025, with 162 observations. The data reached an all-time high of 14.480 Person th in May 2011 and a record low of 2.786 Person th in Aug 1997. Australia Employment: Females: Manufacturing: Primary Metal & Metal Product data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G023: Employment: by Sex and by Industry.
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Australia Employment: Part Time: Manufacturing: Basic Chemical & Chemical Product data was reported at 5.273 Person th in Feb 2025. This records an increase from the previous number of 5.069 Person th for Nov 2024. Australia Employment: Part Time: Manufacturing: Basic Chemical & Chemical Product data is updated quarterly, averaging 4.281 Person th from Nov 1984 (Median) to Feb 2025, with 162 observations. The data reached an all-time high of 11.114 Person th in Feb 2021 and a record low of 1.087 Person th in Feb 1991. Australia Employment: Part Time: Manufacturing: Basic Chemical & Chemical Product data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G025: Employment: by Sex and by Industry: Part Time.
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Graph and download economic data for Benchmarked Unit Labor Costs - Industry for Australia (DISCONTINUED) (AUSULCINDQPNMEI) from Q4 1970 to Q3 2011 about unit labor cost, Australia, industry, and rate.
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Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Australia (AUSPROINDQISMEI) from Q3 1974 to Q4 2023 about Australia, IP, and indexes.
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TwitterIn 2024, the gross value added (GVA) of the agriculture industry in Australia amounted to around 63.8 billion Australian dollars. The country produces and exports a diverse range of agricultural products including cattle, wheat, and milk, making agriculture an important economic sector of Australia.
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Graph and download economic data for Benchmarked Unit Labor Costs - Industry for Australia (DISCONTINUED) (AUSULCINDAPNMEI) from 1972 to 2010 about unit labor cost, Australia, industry, and rate.
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Industry Index in Australia increased to -11.20 points in October from -16 points in September of 2025. This dataset includes a chart with historical data for Australia Ai Group Industry Index.
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The size of the Australia E-commerce Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 13.70% during the forecast period.Electronic commerce is short for buying and selling products or services electronically using such channels as the internet and mobile phones. E-commerce has come to cover everything, from online retailers and auction sites to digital marketplaces and Internet banking.In Australia, the e-commerce industry has grown significantly over the past few years, influenced by factors such as increased internet penetration, the emergence of smartphones and mobile commerce, and changes in consumer behavior. The industry is important to the Australian economy because it creates jobs, boosts economic growth, and increases consumer choice.The online business offers lots of benefits both to the customers and the vendors. For vendors, it means a cost-effective reach to a more extensive market space and 24/7 functioning. For the customer, it means a convenient way of accessing a broader range of goods and services than ever before while comparing prices.Some of the key trends shaping the Australian e-commerce industry include mobile commerce, the growing importance of social media, cross-border e-commerce, and the use of artificial intelligence and machine learning to personalize the customer experience. Recent developments include: April 2022 - Pinterest announced a strategic partnership with the E-commerce platform WooCommerce, which will enable WooCommerce's 3.6 million merchants the convert their product catalogs into Shoppable Pins on Pinterest. with this partnership, a new Pinterest app within WooCommerce would be launched, which will include various Pinterest shopping features such as tag deployment and catalog ingestion., May 2022 - Marketplacer announced the completion of a new holistic online marketplace for True Woo, offering a range of products and services targeted at individuals seeking ways to improve their wellbeing. The E-commerce platform says the marketplace it has created for True Woo features products and services designed to improve mental, emotional, physical, and spiritual health.. Key drivers for this market are: Rise in Purchase Frequency and Online Spending, Rising Adoption of Click and Collect Services. Potential restraints include: , High Cost of Equipment than Conventional Radiography is Discouraging the Market Growth. Notable trends are: Rise in Purchase Frequency and Online Spending.
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Graph and download economic data for Benchmarked Unit Labor Costs - Industry for Australia (DISCONTINUED) (ULQBBU03AUA657S) from 1985 to 2010 about unit labor cost, Australia, labor, and industry.
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Graph and download economic data for Benchmarked Unit Labor Costs - Industry for Australia (DISCONTINUED) (ULQBBU03AUQ661N) from Q3 1983 to Q3 2011 about unit labor cost, Australia, labor, and industry.
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Graph and download economic data for Benchmarked Unit Labor Costs - Industry for Australia (DISCONTINUED) (ULQBBU03AUQ657S) from Q4 1983 to Q3 2011 about unit labor cost, Australia, labor, and industry.
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Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Australia (PRINTO01AUA189S) from 1975 to 2022 about Australia, IP, and construction.
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Industrial Production in Australia decreased 1.70 percent in the second quarter of 2025 over the same quarter in the previous year. This dataset provides the latest reported value for - Australia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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TwitterAustralia's tourism gross domestic product (GDP) bounced back strong in 2023, recording an increase of 90.8 percent. In 2024, the country's tourism GDP increased by around 9.1 percent. After witnessing a significant decline in tourism GDP in 2020 and 2021, with tourism GDP taking a massive plunge of 36.2 percent in 2021 as a result of the coronavirus outbreak, the industry appears to be on the road to recovery. Economic contribution and employment trends Australia's tourism sector recovery is reflected in its substantial economic contribution in 2024. In the year ending June 2024, Australia's direct tourism GDP rose to approximately 75 billion Australian dollars. New South Wales continued to be a key player in the industry, with its tourism gross value added (GVA) reaching about 20 billion Australian dollars. The state also led in employment, with around 195,000 people directly employed in the tourism sector. These figures underscore the tourism industry's significance in driving economic growth and job creation across the country. International visitors fuel industry recovery The revival of Australia's tourism sector is closely tied to the return of international tourists. In 2024, the country welcomed over 7.3 million international visitor arrivals, a significant increase from the mere 140,000 visitors recorded during the height of pandemic restrictions in 2021. New Zealand residents led the way, with over 1.2 million visitors, followed by tourists from China numbering just below 750,000. This influx of international travelers contributed substantially to the Australian economy in 2024, with total trip expenditure reaching approximately 47.8 billion Australian dollars, surpassing pre-pandemic levels for the first time.
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Australia Employment: Full Time: Manufacturing: Primary Metal & Metal Product data was reported at 51.502 Person th in Feb 2025. This records a decrease from the previous number of 56.671 Person th for Nov 2024. Australia Employment: Full Time: Manufacturing: Primary Metal & Metal Product data is updated quarterly, averaging 68.180 Person th from Nov 1984 (Median) to Feb 2025, with 162 observations. The data reached an all-time high of 91.359 Person th in Nov 2011 and a record low of 44.395 Person th in May 2022. Australia Employment: Full Time: Manufacturing: Primary Metal & Metal Product data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G024: Employment: by Sex and by Industry: Full Time.
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TwitterIn 2023, agriculture contributed around 2.57 percent to the GDP of Australia, 27.65 percent came from industry, and 63.57 percent from the services sector. The same year, the Australian inflation rate, another important key indicator for its economic situation, amounted to 2.82 percent. Why is the inflation rate important?Inflation is the steady increase in price levels for consumer goods and services during a certain timespan. The European Central Bank considers a steady inflation rate of two percent a year beneficial for a stable economy – otherwise a country risks economic hardship. In the worst case, a country can experience either hyperinflation (like Venezuela), which is the rapid increase of prices to a point of economic collapse, or deflation, which is the decrease of prices and devaluation of money that can also lead to economic collapse. Up and down under Australia’s inflation has been clawing itself out of a slump in 2016, when it unceremoniously dropped to 1.25 percent due to falling petrol costs and oil prices. The following year, it recovered instantaneously and soared back to just under two percent, and forecasts see it reaching 2.52 percent by 2021. Australians don’t seem too worried about this outlier, and rightly so, since Australia’s economy is still one of the biggest in the Asia-Pacific region and worldwide.